European Central Bank just hinted they’re worried about EU inflation
THE EUROPEAN CENTRAL BANK elected to keep its monetary policy unchanged today but due to inflation fears, the bank decided to slow down its bond purchases. The Governing Council also voted to keep the ECB’s interest rate at zero percent. Daily Express :: Finance Feed
‘Risk getting left behind’ – Cash savers told of ‘clear alternative’ as inflation surges
GOLD-BASED payments Fintech shares how gold is becoming the better saving option as it rises quicker than property and FTSE 100 investments. Daily Express :: Finance Feed
POLL: Should Sunak break the triple lock after an inflation rate of 8 percent?
INFLATION has reached a record high of 8.8 percent, but Rishi Sunak will decide whether to break the triple lock policy which promises to match state pension increase to year-on-year inflation. Normal state pension inflation totals at about 2.5 percent, so an eight percent increase would be a huge chunk out of government money in […]
Interest rate warning as inflation increase is ‘coming for your savings’ – act now
AN INTEREST rate warning has been issued to Britons this morning as the rise of inflation could have devastating impacts on savings. Daily Express :: Finance Feed
‘Unions were very strong in 70s’ Economist flags key difference amid 4% inflation fears
THE BANK OF ENGLAND’S departing chief economist Andy Haldane last night warned the risk of high inflation is “rising fast” – and it could reach almost four percent by the end of this year. Daily Express :: Finance Feed
Pension warning: Britons urged to brace for ‘disastrous impact’ of inflation on retirement
A PENSION warning has been issued as a rise to inflation could potentially have a “disastrous impact” for Britons’ retirement plans. Daily Express :: Finance Feed
Pension & savings to be affected as inflation doubles but ‘hope’ remains on lockdown rules
PENSION schemes can be impacted by inflationary changes and today, the Office for National Statistics released their latest inflation figures. The Consumer Price Index rose in December and this will impact the economy and retirees across the UK. Daily Express :: Finance Feed
Middle class tax raid as Rishi Sunak’s inflation changes set to cost retirees over £100bn
PENSION schemes are set to be hit hard by reported inflation related changes from the Chancellor. Rishi Sunak is set to reveal a spending review which will outline how the government plans to cover costs and spending in the coming months. Daily Express :: Finance Feed
State pension: Triple lock to be updated from tomorrow as inflation figures are released
STATE pension payments are guaranteed to increase every year under triple lock rules. The increases are focused around UK inflation and earning figures and retirees will soon get further insight into how their income will increase in the coming year. Daily Express :: Finance Feed